Rare opportunity to acquire a 7-unit multifamily property featuring all single-story construction on a large 22,400+ sq. ft. lot. Offering a unique combination of detached cottages and duplex structures, this property provides the privacy and appeal of individual homes while delivering the economies of scale of a multi=family investment.
The diverse unit mix includes a 4-Bedroom/1.5-Bath detached cottage, a 3-Bedroom/1-Bath detached cottage, a 2-Bedroom/1-Bath detached cottage, and two duplexes consisting of one 3-Bedroom/2-Bath unit, one 3-Bedroom/1-Bath unit, and two 1-Bedroom/1-Bath units. This variety of floor plans accommodates a broad range of tenant needs, supporting strong occupancy and long-term rental demand.
Residents enjoy onsite garage and open-space parking along with individual washer and dryer hookups, amenities that continue to enhance tenant satisfaction and retention. Ideally located near shopping, entertainment, schools, and public transportation, the property is positioned within a well-established rental corridor.
From an investment standpoint, the asset offers tremendous upside. With projected market financials of an 8.7% CAP Rate and 8.5 GRM, investors have a clear opportunity to substantially increase income and unlock significant long-term value. Combining desirable single-story construction, a large land parcel, an exceptional unit mix, and outstanding value-add potential, this is a compelling opportunity for investors seeking both immediate stability and future growth.
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Zillow last checked:
Listing updated:
Listed by:
Kristopher GermanDRE #01800021909-645-0443,
RE/MAX 2000 REALTY
Source: CRMLS,MLS#: CV26157921Originating MLS: California Regional MLS
Facts & features
Interior
Heating
None
Cooling
None
Appliances
Laundry: Electric Dryer Hookup, Gas Dryer Hookup
Features
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls
Interior area
Total structure area: 5,877
Total interior livable area: 5,877 sqft
Property
Parking
Total spaces: 14
Parking features: Garage, Paved
Garage spaces: 2
Uncovered spaces: 12
Accessibility
Accessibility features: None
Features
Levels: One
Stories: 1
Entry location: 1
Pool features: None
Spa features: None
Fencing: Block,Wrought Iron
Has view: Yes
View description: None
Lot
Size: 0.51 Acres
Features: 0-1 Unit/Acre
Details
Parcel number: 6227020007
Zoning: BGR3*
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Architectural style: Bungalow
Property subtype: Multi Family
Attached to another structure: Yes
Materials
Roof: Shingle
Condition
New construction: No
Year built: 1965
Utilities & green energy
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available, Sewer Available, Water Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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